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A good week

Though we disagree with the department of public enterprises’ view that SAA is not a vanity project, this week’s vote in favour of the business rescue plan — more than six months in the making — is clearly a win for minister Pravin Gordhan. Whether it’s a win for the fiscus, which will now have to find R10.4bn somewhere to settle SAA’s liabilities and restart this cash-guzzling albatross, is another matter entirely...

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